Marlboro Cigarette Owner Allegedly In Talks To Buy Canadian Weed Grower Aphria

It was solely a matter of time earlier than the tobacco business started to infiltrate the authorized marijuana enterprise. Tobacco and alcohol lobbyists tried to maintain marijuana unlawful for many years in order that their corporations might develop and prosper with much less competitors. Now, with the tables turning, Big Tobacco has their eyes set on becoming a member of the race. If you possibly can’t beat them, be part of them. 

Marlboro is thought worldwide for his or her cigarettes, however it seems that they’re making an attempt to rebrand. As reported by Business Insider ( The Globe & Mail), Marlboro proprietor Altria Group is allegedly in talks to purchase a minority stake in Aphria, a Canadian-based marijuana producer. The report claims that Altria is fascinating in taking a majority management down the road. Details for the acquisition are nonetheless being mentioned, which implies your entire deal can nonetheless collapse at any minute. Neither Altria of Aphria has commented on the event. 

While marijuana remains to be federally unlawful within the United States, eight states have legalized the leisure use of weed. California, Washington, Oregon, Alaska, Massachusetts, and Maine at present provide leisure marijuana use. Over a dozen different states, together with New York, New Jersey, Florida, Ohio, Illinois, and Pennslyvania have legalized marijuana for medical use.